Oil patch

The U.S. oil industry; specific regions of the U.S. noted for oil production and refining, including Texas, Oklahoma, Louisiana, California, and Alaska.

Similar financial terms

Boil the Ocean
Try to solve too many problems with an overambitious project, typically resulting in a complete failure. Many content management projects end up this way when attempting to port an entire organization's content, process, and workflow into one new, massive tool. "Look, just help the HR teams get their forms online. We don't need to boil the ocean with this."

Boilerplate
Standard terms and conditions.

Heavy Crude Oil
Petroleum with a high specific gravity and a low API gravity. It has a relatively high proportion of heavy hydrocarbon products or fractions.

Sweet Oil and Gas
Petroleum containing little or no hydrogen sulphide.

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Acquisition

The purchase of a controlling interest in a firm, generally via a tender offer for the target shares.


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